Le Lézard
Classified in: Business
Subject: VEN

Adit Ventures Proud Palantir Investor Excited for Upcoming Direct Listing Expected on September 23, 2020


NEW YORK, Sept. 17, 2020 /PRNewswire/ -- Adit Ventures, a leading venture capital investment firm, is proud to be an investor in Palantir Technologies, Inc. We are looking forward to their NYSE Direct Listing on Wednesday, September 23rd.

About Adit Ventures:
Adit Ventures is a venture capital firm with offices in California, Florida, New York, Texas, and Utah. An "Adit" is an entrance to a mine and serves as an anagram for the firm's services, since it provides Access, Diligence, Insight and works with Trusted partners across the United States and around the world.  Its business model focuses on purchasing shares from early-stage investors or employees seeking liquidity before the company has a liquidity event. Adit's investment objective is 3x return of capital within a 3-5-year time frame. Adit buys both primary and secondary shares on behalf of investors from a global network of relationships cultivated over their 100 years of principal investing experience. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. It is in these sectors Adit sees the best opportunities for long term capital appreciation and to make a positive impact on the world by improving quality of life, while generating a healthy return on our invested capital in alignment with their investors & principles. Current sectors of interest include AI & Machine Learning, Big Data, Cybersecurity, Defense, Educational Technology, FinTech, Health Tech, IoT, Life Sciences, Media, Shared Economy and Space. Portfolio companies include Airbnb, Cohesity, Decision Sciences International Corporation, Esme Learning, Klarna, Netskope, Palantir, SpaceX and Turo among others. Please visit www.aditventures.com for further information.

Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors.

Quantitative:
-Valuation at entry is a critical discipline, as this is one thing we control.
-Revenue growth rate drives future valuation, so is a key element to Adit.
-Margins and cash flows are vital to an enterprise's success, and drive valuation.
-Scalability of business across various markets is a big factor in the valuation of any business.
-Profitability: A clear path to profitability is essential to any investment.

Qualitative:
-Is it a good business model, in a good sector with long term secular tends driving it?
-Is there a good management team, with depth and experience in meeting challenges, competitive   threats and executing its goals?
-Does it have a good capital base, board of directors/investors and well-regarded savvy Venture Sponsors?  
-Does the business adhere to fundamental ESG principles with character and integrity in its practice?
-Will the business make a difference by adding value for its customers, it's employees and the community it serves, as well as its shareholders?

Adit has invested in some of the world's leading companies with exits in GoPro, Lemonade, Spotify, Snap and Lyft.

Contact:
Julie Klugman
[email protected] 
www.aditventures.com

SOURCE Adit Ventures


These press releases may also interest you

at 15:06
REI Path Ahead Ventures is celebrating 16 emerging companies completing its Embark program, bringing the latest products and experiences to the outdoor industry. Embark is a three-month curriculum created in partnership with Founded Outdoors to...

at 15:05
Mark Burgdorf, President and Senior Wealth Advisor of Burgdorf Wealth Managers, earned the Cetera Circle of Excellence Diamond Status at Cetera Financial Group's annual awards conference. Since 2013, Mark Burgdorf has been affiliated with Cetera, an...

at 15:00
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Ventyx Biosciences, Inc. ("Ventyx" or the "Company") and reminds investors of the April 30, 2024 deadline to seek the role of lead plaintiff in a...

at 14:56
Family members confirmed that thanks to the growing international public and government awareness, illegally detained philanthropist, Ruben Vardanyan, was granted permission to speak to his wife, Veronika, today. This marks only his second call to...

at 14:53
Erie Insurance (ERIE) has received the 2024 Best Employers: Excellence in Health & Well-being award from Business Group on Health. The annual corporate awards program recognizes companies across diverse sectors for advancing employee well-being...

at 14:48
The Aurora Humanitarian Initiative today announced its lineup of global thought leaders and local changemakers speaking at the upcoming Aurora Prize for Awakening Humanity events. They will convene May 8-10 at the UCLA Meyer and Renee Luskin...



News published on and distributed by: